New Fuel Rates Published By HM Revenue & Customs

New Fuel Rates Published By HM Revenue & Customs

By Jo Downend
25 February 2015

Company Cars – advisory fuel rates from 1st March 2015

HM Revenue and Customs has reduced advisory fuel rates for every fuel type and engine capacity.

From the 1st March 2015 the company car advisory fuel rates will change. These rates apply to all journeys on or after 1st March 2015 until further notice.

For one month from the date of change, employers may use either the previous or new current rates, as they choose. Employers may therefore make or require supplementary payments if they so wish, but are under no obligation to do either. 

 

 

Engine size

 

Petrol

 

     LPG

 

1400cc or less

 

11p

 

8p

 

1401cc to 2000cc

 

13p

 

10p

 

Over 2000cc

 

20p

 

14p

 

Engine Size   

Diesel

 

1600cc or less

 

9p

 

1601cc to 2000cc

 

11p

 

Over 2000cc

14p


Hybrid cars are treated as either petrol or diesel cars for this purpose.

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